Universal Telecom Services Obtains Support From Vietnam's President Nguyen Minh Triet for Its Joint Venture and Expansion Plans in Vietnam

HANOI, VIETNAM -- (MARKET WIRE) -- February 5, 2007 -- Universal
Telecom Services ("UTS"), operator of a leading facilities-based
carrier in Vietnam through a Business Cooperation Contract ("BCC"), met
today with President Nguyen Minh Triet to detail its growth plans in the
country's rapidly expanding telecommunications sector, as well as to
request the President's blessing for the conversion of its BCC with
Vishipel and Binh Minh Trading into a Joint Venture.

"Vietnam is a promising country, given its recent ascension into the World
Trade Organization and its high expected GDP growth and increasing foreign
direct investments," said Zohar
Loshitzer, President and CEO of UTS. "We believe that investments in
technology and telecommunications are essential to further economic
development. Along with our ability to convert our business into a Joint
Venture, this will enable UTS and its partners to expand into new services
that are beneficial to Vietnam."

UTS announced its plans to expand the BCC's current international long
distance VOIP service offering into
other value-added telecommunications
services. UTS and its partners will launch a state-of-the-art data center
facility in Ho Chi Minh City by the third quarter of 2007. The data center
will be aimed at the growing number of multinational companies entering the
country, as well as local enterprises demanding reliable and secure
services for their mission critical information technology needs.
Additional world class data centers will be launched in 2007 and 2008 in Ho
Chi Minh City and other major urban centers, including Hanoi. The data
centers will feature a physical infrastructure that replicates
international industry-leading standards for power availability,
high-performance security and environmental control. UTS will invest in
power capabilities that will support blade technologies and other high
power density uses.

UTS also unveiled its plan to initiate VSAT services targeting both rural
telephony and corporate services. The BCC was recently awarded a VSAT
license that enables UTS and its partners to offer voice and data services
to residential customers in remote regions of Vietnam and innovative
networking solutions for sophisticated corporate users. VSAT technology
provides dedicated, reliable and cost effective private communications
links with the provision of total system capabilities to support high
bandwidth secure data, voice and video
communication. UTS intends to tap the international capital markets to
fund its VSAT, data hosting and other future expansion plans.

President Nguyen Minh Triet praised UTS' expanding and long-term commitment
to Vietnam and offered his assistance to ensure UTS and its partners are
successful in its expansion plans.

"We are excited about the prospects of converting our existing business
into a Joint Venture and helping Vietnam bridge the digital and
communications divide," concluded Zohar Loshitzer. "We can serve as one of
President Nguyen Minh Triet's testimonials of the advancement and
development of Vietnam's economy."

About Universal Telecom Services

UTS is a unique service operator specializing in telecommunication services
in emerging markets like Vietnam. The Company utilizes state-of-the-art,
satellite technology to provide voice and data services. We have offices in
Vietnam and in the United States and are currently expanding our operations
globally. The Company has assembled a world-class operations and executive
team from telecommunications services and equipment providers. This team
combines innovative technology with a long-term commitment to service, in
order to become a leading provider of telecommunication services and
solutions to our clients. In each country of operation, UTS establishes a
local company partnership as a strong local foundation for providing
services.

Focusing on Satellite delivery for its flexibility, UTS provides ideal
solutions for Domestic Long Distance (DLD) and International Long Distance
(ILD), private, secure voice and data networks (IPLN), fixed local
telephony for rural areas and remote locations, Internet services and
distance learning.